Commodity markets are in a ‘super squeeze’— higher prices may continue

Commodity markets are in a ‘super squeeze’— higher prices may continue

SUIXI, CHINA – DECEMBER 30: An employee works on the production line of aluminum foil at a workshop of Anhui Limu New Material Technology Co., Ltd on December 30, 2023 in Suixi County, Huaibei City, Anhui Province of China. (Photo by Li Xin/VCG via Getty Images) Vcg | Visual China Group | Getty Images Global … Read more

2024’s wave of elections predicted to derail food security progress

2024’s wave of elections predicted to derail food security progress

Skaman306 | Moment | Getty Images DAVOS, SWITZERLAND — The slew of upcoming global elections could derail international efforts to secure long-term food supplies, according to the International Fund for Agricultural Development (IFAD). President Alvaro Lario told CNBC that is short-term politics will likely dominate over longer-term strategy in the bumper election year of 2024, … Read more

NSW Farmers calls for ACCC inquiry into big supermarkets’ ‘excessive profits’ in wake of Food and Grocery Code inquiry

NSW Farmers calls for ACCC inquiry into big supermarkets’ ‘excessive profits’ in wake of Food and Grocery Code inquiry

Farmers at the mercy of supermarket giants as cost-of-living pressures pile on are calling for an inquiry into the sector, rather than the already-announced government review. The weekly grocery shop has continued to balloon, costing $37 more than the previous year, but NSW Farmers president Xavier Martin says those price increases are not moving up … Read more

German farmers protest against economic, agriculture policies

German farmers protest against economic, agriculture policies

Farmers demonstrate with their tractors in front of the state parliament and have attached a placard with the words “No Farmer, No Food, No Future” to a tractor. Christian Charisius | Picture Alliance | Getty Images Farmers across Germany on Monday began protests against the government’s economic and agricultural policies, blocking roads and highways with … Read more

The Plan to Put Pig Genes in Soy Beans for Tastier Fake Meat

The Plan to Put Pig Genes in Soy Beans for Tastier Fake Meat

For Gastón Paladini, pork is a family affair. In 1923, his great-grandfather Don Juan Paladini moved from Italy to Santa Fe, Argentina, where he started putting a South American twist on classic Italian sausage recipes. Eventually, Don Juan’s company became one of Argentina’s largest meat producers. It still bears the family name: Paladini. But in … Read more

The Foods the World Will Lose to Climate Change

The Foods the World Will Lose to Climate Change

There’s no denying it: Farming had a rough year. Extreme weather spun up storms and floods, unseasonal freezes and baking heat waves, and prolonged parching droughts. In parts of the world in 2023, tomato plants didn’t flower, the peach crop never came in, and the price of olive oil soared. To be a farmer right … Read more

Lovers of sweet treats could be hit by rising sugar prices

Lovers of sweet treats could be hit by rising sugar prices

Sugar for sale at a supermarket in Yichang City, in China’s Hubei province, on April 6, 2023. Future Publishing | Future Publishing | Getty Images A mammoth rally in 2023 for El Niño-exposed raw materials will likely hit consumers’ pockets over the coming months, according to one specialist food and agribusiness bank. Soft commodities have … Read more

The UK’s motorway service station in Cumbria

The UK’s motorway service station in Cumbria

Views of the Cumbrian countryside from Tebay Services on the M6 freeway in the U.K. Westmorland Family When John and Barbara Dunning were informed that a freeway would be built through their farm in a remote part of the U.K., they saw an opportunity. They built a rest stop with a difference. The freeway (known … Read more

Coles and Woolworths supermarkets urged to freeze prices in lead-up to Christmas ahead of price-gouging inquiry

Coles and Woolworths supermarkets urged to freeze prices in lead-up to Christmas ahead of price-gouging inquiry

Supermarkets are being urged to get into the Christmas spirit and help struggling families by placing a freeze on the price of ham. Agriculture Minister Murray Watt put Coles and Woolworths on notice as they buckle up for a parliamentary inquiry into price-gouging, record profits and cost of living pressures. WATCH THE VIDEO ABOVE: Supermarket … Read more

Brazil lawsuits link JBS to destruction of Amazon in protected area, seek millions in damages

Brazil lawsuits link JBS to destruction of Amazon in protected area, seek millions in damages

JACI-PARANA, Brazil — Meat processing giant JBS SA and three other slaughterhouses are facing lawsuits seeking millions of dollars in environmental damages for allegedly purchasing cattle raised illegally in a protected area in the Brazilian Amazon. The lawsuits, filed December 5 to 12 by the western Brazilian state of Rondonia, target the exploitation of a … Read more